Future Trend Analysis Report
Prepared for you on Friday, December 3, 2021.
RBOB GASOLINE VS EUROBOB OXY NWE JUNE 2022 (NYMEX:QXER.M22)
Countertrend Down (-85) - QXER.M22 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid QXER.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QXER.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QXER.M22
The long-term trend has been DOWN since Aug 20th, 2021 at 8.492
The intermediate-term trend has been DOWN since Aug 16th, 2021 at 9.828
The short-term trend has been UP since Oct 4th, 2021 at 8.627
Smart Scan Analysis for QXER.M22
Based on our trend formula, QXER.M22 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).